Cholamandalam Investment & Finance Collection and Recovery Officer Salaries by 4 Employees

4 - 8 years exp.

₹1.5 Lakh - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% more than the average Collection and Recovery Officer Salary in Financial Services Companies for 4 - 8 years of experience

Interested in this particular role?

Last Updated: 27 Jul 2024

Companies similar to Cholamandalam Investment & Finance for Collection and Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Collection and Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.7 L/yr 24% less
Jana Small Finance Bank Collection and Recovery Officer Salary 0 - 7 years exp. (79 salaries)	₹1.1 L/yr - ₹3.3 L/yr 22% less	1 job opening
Login to view exact salary
IndusInd Bank Collection and Recovery Officer Salary 1 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.9 L/yr 16% less
HDFC Bank Collection and Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.6 L/yr 26% less
IDFC FIRST Bank Collection and Recovery Officer Salary 0 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹5.1 L/yr 12% more

Collection and Recovery Officer salary at Cholamandalam Investment & Finance ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Collection and Recovery Officer salaries

Last Updated: 27 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

1.0

Rated by 1 employees for salary & benefits

Team Lead in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 19 Feb 2025

4.0

for Salary and Benefits

Likes

On time salary, every year salary increment, bonus, good working environment at local branchs.

Salary - Good

+3 more

Dislikes

Work life balance, something huge pressure, force to work on holiday and Sunday. Working time, as per work salary justification

Company culture - Poor

+1 more

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Salary - Bad

+6 more

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Salary - Bad

+6 more

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

5.0

• posted on 12 Oct 2023

5.0

for Salary and Benefits

Likes

...ead generation is easy as it's infrastructure as well as market reputation good. Salary structure and training is technology based.

Salary - Excellent

+6 more

Dislikes

Most of the superior better but some not mention their name not supportive rather they give prior business but not solve the that time market problem.

Sales Executive in Hindaun City

Sales & Business Development Department

5.0

• posted on 16 Feb 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.conpany policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of Politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which. which you cannot resign. On the job training is not given to new joinees

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam Investment & Finance Collection and Recovery Officer Salary FAQs

What is the salary of Collection and Recovery Officer at Cholamandalam Investment & Finance ?

The average salary of a Collection and Recovery Officer at Cholamandalam Investment & Finance in India typically ranges from ₹1.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Collection and Recovery Officer at Cholamandalam Investment & Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Collection and Recovery Officer Salaries at Cholamandalam Investment & Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Collection and Recovery Officer at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Collection and Recovery Officer at Cholamandalam Investment & Finance in India typically ranges from ₹21,900 to ₹23,385 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 4 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Collection and Recovery Officer in India?

IDFC FIRST Bank

₹1.2 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam Investment & Finance, depending on the role and experience level.

What is the salary of a Collection and Recovery Officer in companies similar to Cholamandalam Investment & Finance in India?

The salary of a Collection and Recovery Officer at companies similar to Cholamandalam Investment & Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank	₹1.2 Lakhs to ₹3.9 Lakhs per year
Jana Small Finance Bank	₹1.1 Lakhs to ₹3.3 Lakhs per year
Bajaj Finserv	₹2.0 Lakhs to ₹2.7 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹2.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Collection and Recovery Officer at Cholamandalam Investment & Finance in India?

The salary growth for a Collection and Recovery Officer at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Collection and Recovery Officer can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience	Average Salary Range
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
8 years	₹1.3 Lakhs to ₹1.7 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Collection and Recovery Officer Salaries

Cholamandalam Investment & Finance Collection and Recovery Officer salary in India ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Collection and Recovery Officer salaries in India

Companies similar to Cholamandalam Investment & Finance for Collection and Recovery Officer

Latest annual salaries shared by Cholamandalam Investment & Finance Collection and Recovery Officer

Experience wise Cholamandalam Investment & Finance Collection and Recovery Officer salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Sales Officer in Kolkata

Sales Executive in Hindaun City

Cholamandalam Investment & Finance Collection and Recovery Officer Salary FAQs

Tell us how to improve this page.